Western Europe Polyacetal Resins OR Polyoxymethylene (POM) Market

Polyoxymethylene or polyacetal resin is an engineering thermoplastic. Properties such as high dimensional stability, good strength, and high fatigue and impact resistance make it a preferred material to replace metals in lightweight metal applications. The Western European polyoxymethylene market is witnessing a high growth because of the increasing number of applications.

The polyoxymethylene market in Western Europe was valued at $616.75 million in 2013 is projected to reach $850.75 million by 2019, growing at a CAGR of 6.2% from 2014 to 2019. The key driver of this market is its increasing application in the transportation industry that requires lightweight components. The market is also driven by the scope of innovation in copolymer POM as the product is capable of replacing many metal parts in the interior and exterior of vehicles, which results in reduced weight, and thus, better fuel economy.

The report, “Western Europe Polyoxymethylene Market”, defines and segments the market in the region with analyses and projections of the size market with respect to volume (KT) and value ($ million).

The manufacturers of in POM market in Western Europe have adopted new product development as one of the most prominent growth strategies. In the past five years, the demand for polyoxymethylene has grown at a rapid pace due to its present applications and scope of development of applications in different sectors.

The key countries that have been studied in this market are Germany, France, Italy, Spain, the U.K., and others.

The Western European polyoxymethylene market report covers its key applications such as electrical & electronics, industrial, consumer, transportation, and others. Further, as a part of qualitative analysis, this report provides a comprehensive review of important drivers, restraints, opportunities, and key burning issues in the market. The report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players; BASF SE (Germany) is the most dominant player among all the other players in the Western European polyoxymethylene market.

Report Customization Options

Along with market data, you can also customize MMM offerings that are in keeping with your company’s specific needs. Customize your report on the Western European market for polyoxymethylene to get an insight into all-inclusive industry standards and a deep-dive analysis of the following considerations:

Plant capacities of major polyoxymethylene plants in different geographic regions

Further segmentation of the electrical & electronic end-use applications of polyoxymethylene

Market data of additional countries in the region

Technology trends in the market, including new product-launch analysis by geography and the targeted end-use sector

Performance analysis of polyoxymethylene over other engineering plastic substitutes (Including comparison or prices, penetration in similar applications, and so on)

Analysis of the primary raw material (formaldehyde) going into manufacturing of polyoxymethylene

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